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High Tech Series B Founded 2022

Alpen Labs

Alpen Labs is a blockchain infrastructure company that builds financial markets on Bitcoin secured by zero-knowledge proofs, enabling the adoption of Bitcoin and other cryptocurrencies through programmable custody, credit, and yield products. The company's platform provides Bitcoin-native security with flexible key management and programmable custody, allowing users to create vaults with multi-signurrency support…

📍 San Francisco, United States · Blockchain Infrastructure,

Funding snapshot

Last roundSeries B
Amount$8M
Date13 January 2025
Total raised$19M
Team size31

About

Alpen Labs is a blockchain infrastructure company that builds financial markets on Bitcoin secured by zero-knowledge proofs, enabling the adoption of Bitcoin and other cryptocurrencies through programmable custody, credit, and yield products. The company's platform provides Bitcoin-native security with flexible key management and programmable custody, allowing users to create vaults with multi-signurrency support including BTC and USDC, 2-of-3 key architectures, configurable spending limits, and permission-based access controls. Alpen Labs offers financial products that integrate vaults, credit, and yield capabilities into external products through an SDK and MCP surface, enabling developers to build Bitcoin-native financial applications with self-custody, borrowing, and earning functionality. The platform leverages zero-knowledge proof technology to enable private, scalable financial transactions on Bitcoin without compromising security or decentralization, addressing the limitations of Bitcoin's base layer for complex financial applications. Alpen Labs is building the infrastructure layer for Bitcoin-native decentralized finance, bringing programmable financial products to the Bitcoin ecosystem through cryptographic guarantees. Founded in 2022 and headquartered in San Francisco, California, Alpen Labs has raised $19.1M in Series B funding from investors including Ribbit Capital, Castle Island Ventures, Robvc, Axiom Capital Management, Dba, CyberFund, Geometry, Amara VC, and Resolute Ventures.

Business model

Blockchain Infrastructure > Blockchain Network,

Cryptocurrencies > Financial Services > Diversified

Founders & team highlights

$5M+ Club Founder,

Founder with Prior Acquisition,

Serial Founder

Team background

Company Wise > Microsoft,

College Wise > Massachusetts Institute of Technology

Institutional investors

Ribbit Capital Castle Island Ventures Robvc Axiom Capital Management Dba CyberFund Geometry Amara VC Resolute Ventures Charlie Songhurst

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